NasdaqGS:UPWKProfessional Services
Is AI-Driven Growth and Lifted’s Launch Altering the Investment Case for Upwork (UPWK)?
Upwork reported record quarterly revenue of US$201.7 million and all-time high adjusted EBITDA, driven by strong demand in AI-powered projects and robust client activity for the third quarter ended September 30, 2025.
The launch of Upwork's new subsidiary, Lifted, aims to expand its reach in the US$650 billion contingent work market while AI-fueled hiring also spiked, with a 52% year-over-year rise in AI-related gross services volume.
We will examine how Upwork's continued growth in...